In the ever-evolving and highly competitive business environment, the role of supply chain management has changed from performing a mere business function to being a point of differentiation. Top companies worldwide such as Amazon, Walmart, etc., are rising high boosted by strong supply chains and planned processes and logistics. Looking at this modern trend, top recruiters are seeking employees competent to support them in getting this edge in their business over competitors. Hence, Supply Chain Management as an area of MBA specialization is gaining traction becoming crucial for students in the present landscape of interconnected and fast-paced businesses. Supply Chain Management is a wide area that focuses on handling the complete supply chain of a business starting from raw material procurement to final product creation. It deals with the management and coordination of supply chains in an organization.
In this post, let us learn more about an MBA in Supply Chain Management and how this comparatively newer area of MBA is slowly paving the way for a successful career for MBA graduates.
What is Supply Chain Management (SCM)?
Supply Chain Management is a process that handles the supply chain of an organization as a whole starting from acquiring raw materials to distributing the final goods/products. SCM handles the Supply Chain of organizations which is termed as a principal activity of every organization.
The focus of supply chain management is to implement efficient economic chains in businesses and optimize the supply chain for cost-effective and quick delivery of goods. Manufacturing, sales, distribution, as well as customer experience, everything comes under the purview of supply chain management. SCM integrates contemporary technology for optimization, cutting down excess costs, and accelerating delivery. It evaluates performance based on the efficiency of the supply chain and customer satisfaction.
How is an MBA in Supply Chain Management Best for a Rewarding Career?
In the highly competitive global business landscape, Supply Chain Management has emerged as a primary differentiator with a strong presence to help businesses excel in the competitive environment. Supply chain management has become a vital requirement for the success of an organization.
An MBA in Supply Chain Management focuses on the processes that support modern commerce and help businesses succeed by driving innovation and navigating challenges. To gain expertise in the intricacies of supply chain management, students need to go beyond the basic knowledge. Hence, getting an MBA in Supply Chain Management becomes worthwhile.
Huge global manufacturing and retail conglomerates are extensively using supply chain management to boost their business and establish leading positions in the market. Amazon, Flipkart, and Walmart are some examples that have gained prominence in their business by utilizing logistics and supply chain management to the optimum.
Overall, the SCM industry plays a crucial role in the manufacturing and e-commerce industry and is regarded as one of the fastest-growing industries in India. With the growth in India’s retail industry, the demand for MBA graduates in supply chain management has gained too.
An MBA in Supply Chain Management presents wide-ranging career options for graduates to work in varied fields in multiple roles such as:
- Supply Chain Performance Analyst
- Strategic Sourcing Manager
- Logistics and Transportation Analyst
- Operations Excellence Manager
- Manager of Global Sourcing
- Business Operations Manager
- Warehouse Operations Manager
In addition to the above, an MBA in SCM presents opportunities to work in other roles like Project Management, Consulting, Supply Chain Technology, and so on. With advanced digitization and analytics, supply chain management has opened several doors for MBA graduates in SCM to explore and gain prominence in this field.
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Eligibility Requirement for an MBA in Supply Chain Management
An MBA in Supply Chain Management is a 2-year postgraduate program. Students with a 55% mark in their bachelor’s program can apply for an MBA in Supply Chain Management.
Conclusion
Supply Chain Management is an ever-expanding area, which is fast becoming the center of business models in almost every organization by making them agile and robust. Over the years, this field has become a budding ground for young professionals of SCM to establish successful careers.
Amity University Online offers online programs including online MBA degrees, diplomas, and certifications in Supply Chain Management and related specializations to help online students explore and gain prominence in this area. Working professionals can also avail of the benefits of these best online MBA supply chain management courses to boost their careers further. Amity Online is one of the best online platforms presenting numerous benefits to its online students including industry mentorship, opportunities to work on live projects, webinars on SCM, and good placements.
If you are willing to build a commanding career by pursuing an online MBA, it is the best time to enroll for an online MBA in Supply Chain Management and leverage the various lucrative opportunities in this field. For the best online MBA courses, Amity University Online is one of the most credible institutes in India offering several online courses to choose from. Visit the Amity Online Portal today to learn more about MBA supply chain management online.
